Saxo Bank A/S Review

3.6/5

Regulated by SFC
Forex
Award-Winning Mobile App
24/7 Customer Support
Saxo Bank A/S

Licenses & Regulation

Saxo Bank A/S is regulated by multiple tier-1 financial authorities, ensuring the highest standards of client protection and operational transparency.

SFC

License #1000

Regulated by SFC with full client protection

Regulated

FCA

License #1001

Regulated by FCA with full client protection

Regulated

ASIC

License #1002

Regulated by ASIC with full client protection

Regulated

Reputation & Trust

Buildings

Established Institution

34 years in business

Trading Platforms

Saxo Bank A/S offers a comprehensive suite of trading platforms to suit different trading styles and preferences, from professional desktop applications to convenient mobile solutions.

MetaTrader 4

Desktop & Mobile

Popular
  • Expert Advisors
  • Custom Indicators
  • One-click Trading
  • Advanced Charting

MetaTrader 5

Desktop & Mobile

Advanced
  • Market Depth
  • Economic Calendar
  • Multi-asset Trading
  • Algorithmic Trading

WebTrader

Browser-based

Convenient
  • No Download Required
  • Cross-platform
  • Real-time Quotes
  • Portfolio Management

Mobile App

iOS & Android

On-the-go
  • Push Notifications
  • Fingerprint Login
  • Mobile Charts
  • Account Management

Trading Instruments

Access over 3,100 trading instruments across multiple asset classes with competitive spreads and deep liquidity.

Microsoft Corporation

Stocks instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Microsoft Corporation

Apple Inc.

Stocks instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Apple Inc.

SPDR S&P 500 ETF Trust

ETF instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

SPDR S&P 500 ETF Trust

Bitcoin / US Dollar

Crypto instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Bitcoin / US Dollar

Euro / US Dollar

Forex instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Euro / US Dollar

Gold / US Dollar

Commodities instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

Gold / US Dollar

U.S. 10 Year Treasury Note

Bonds instrument with competitive spreads

1+
Spreads from:From 0.1 pips

Popular instruments:

U.S. 10 Year Treasury Note

Payment Options & Fees

Minimum Deposit

$100

All account types

Deposit Methods

Bank Transfer / Wire Transfer
FreeInstant
Credit/Debit Cards (Visa/Mastercard)
FreeInstant
E-Wallets
FreeInstant

Available Account Types

Choose from 1 account types designed to meet different trading needs and experience levels, from beginner-friendly standard accounts to professional ECN trading.

Most Popular

Saxo Bank

Min. Deposit:$100
Commission:No commission
Max Leverage:1:500
Key Features
  • Danish Banking License
  • SIFI Designated
  • Top-Tier Regulation (FCA
  • ASIC
  • MAS)
  • Client Fund Segregation
  • Depositor Guarantee Scheme (DGS)
  • A- Credit Rating (S&P)
  • Proprietary SaxoTrader Platforms
  • $1
  • 000 Minimum Deposit
  • No Deposit/Withdrawal Fees
  • Advanced Research Tools

Customer Support

Global Banking License and Investor Guarantee Scheme (DGS)
24/5
Response: < 1 minuteLanguages: 15 languages
Unmatched Access to Global Markets and Instruments
24/5
Response: < 1 minuteLanguages: 15 languages
Proprietary SaxoTraderGO and SaxoTraderPRO Platforms
24/5
Response: < 1 minuteLanguages: 15 languages
Tiered Account Structure with Competitive Pricing
24/5
Response: < 1 minuteLanguages: 15 languages

Multilingual Support

English, Spanish, French, German, Chinese, Japanese, Italian, Danish

Trading Tools & Education

Educational Resources

Trading Academy

50+ video courses for all levels

Daily Market Analysis

Expert insights and trade ideas

Economic Calendar

Real-time economic events

Trading Calculators

Pip, margin, and profit calculators

Free VPS Service

For automated trading strategies

Weekly Webinars

Live sessions with market experts

Overall Rating

3.6/5
Excellent Broker

Category Breakdown

4.5/5
3/5
3.5/5
3.5/5
3/5
4/5

Similar Brokers

Compare Saxo Bank A/S with other top-rated brokers

No similar brokers found.

Key Takeaways

  • ProTrader is a well-regulated, trustworthy broker suitable for both beginners and professionals

  • Competitive pricing with transparent fee structure

  • Excellent platform variety and trading tools

  • Strong focus on client protection and regulatory compliance

Frequently asked questions

Saxo Bank is a SIFI-designated Danish investment bank that holds a full banking license from the Danish FSA, is regulated by nine Tier-1 global authorities, and protects client funds under the Depositor Guarantee Scheme (DGS).